It was an incongruous coda to an improbable appointment. Rafa Benitez’s initial statement to the Newcastle public concluded: “C’mon Toon Army! The club and I need your total involvement!”
As anyone who has encountered Benitez knows, his utterings are usually serious and restrained. He does not speak in exclamation marks. He probably never said “C’mon” in six years at Liverpool. It all added to the surreal feel.
Real Madrid managers do not tend to walk straight into a relegation battle. Newcastle United, who prefer managers who will not argue with the club's hierarchy, do not make a habit of appointing political animals who have clashed with power brokers at previous clubs. A board wedded to an increasingly unsuccessful transfer policy make for unlikely employers for one with dictatorial tendencies and who wants complete control himself.
The reality is that Newcastle and Benitez are not a natural fit. They certainly need him, with 10 games to go and a disjointed, demoralised group staring relegation in the face. Perhaps he needs them, too. Benitez mentioned the comparative proximity of Newcastle to his Merseyside home. It is not commutable, but it is rather nearer than Madrid and Naples, his last two cities of work.
Team Talk podcast: McClaren and Wenger — two managers under pressure in wildly differing scenarios
He has been on a six-year search for a club he could call home. He has been jettisoned midseason by two of Europe’s super clubs, in Inter Milan and Madrid. He has only been termed an interim appointment at another, Chelsea. He lasted two seasons at Napoli, but has not seen out a campaign anywhere else. Throughout it all, his preference for employment in England has been established.
Liverpool have not turned back to him, though there is no doubt Benitez would have accepted the job in 2012. Manchester United cannot opt for him. Chelsea thought they could, but the reaction from the fans proved otherwise. There has not been a vacancy at Arsenal. There will not be one at Manchester City in the next three years.
West Ham claimed they had agreed terms with Benitez last summer before Madrid’s unexpected move. The lure of his boyhood club was too strong but the sight of West Ham now, heading for the Olympic Stadium with a high-class side who threaten to qualify for the Uefa Champions League, may make him regret a choice his heart made.
Instead, Benitez has a three-year deal on Tyneside but, more pertinently, two months to avert an embarrassing demotion to the Championship. The sacked Steve McClaren would shoulder far more of the blame but it would reflect badly on him if he does not have the immediate impact required.
Richard Jolly: Steve McClaren has failed: Newcastle are too good, and expensive, to be this low
It renders the run-in fascinating and not merely because, if Newcastle are to stay up, it will almost certainly be at Sunderland’s expense, and vice versa. His first home game, next Sunday, is against Sunderland. A mutual dislike with Sam Allardyce makes it all the more fascinating.
Relegation-threatened clubs tend to parachute in managers such as Allardyce. Benitez is accustomed to working with better players, in more elevated positions in the league. He is an ambitious appointment, one who could end years of underachievement of Newcastle and give them the defensive nous, tactical excellence and serious professionalism they have lacked too often.
Yet that requires Newcastle to give him the leeway to make a difference. And that, in turn, is dependent on Benitez emerging the victor in the dogfight at the foot of the table. It is an improbable place to find the hero of Istanbul, the 2005 Champions League winner who long seemed a part of the managerial class of Galacticos. At least, rather than being compared to predecessors such as Jose Mourinho and Carlo Ancelotti, now he is a welcome and exponential upgrade on the doomed McClaren.
Not that this was a plausible scenario when he was unveiled at the Bernabeu in June. But this has been a dispiriting campaign for Benitez, sacked by Madrid in January, and Newcastle alike. Theirs is a strange alliance, borne of desperation that both sides must hope will appear inspiration.
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Essentials
The flights
Whether you trek after mountain gorillas in Rwanda, Uganda or the Congo, the most convenient international airport is in Rwanda’s capital city, Kigali. There are direct flights from Dubai a couple of days a week with RwandAir. Otherwise, an indirect route is available via Nairobi with Kenya Airways. Flydubai flies to Kinshasa in the Democratic Republic of Congo, via Entebbe in Uganda. Expect to pay from US$350 (Dh1,286) return, including taxes.
The tours
Superb ape-watching tours that take in all three gorilla countries mentioned above are run by Natural World Safaris. In September, the company will be operating a unique Ugandan ape safari guided by well-known primatologist Ben Garrod.
In the Democratic Republic of Congo, local operator Kivu Travel can organise pretty much any kind of safari throughout the Virunga National Park and elsewhere in eastern Congo.
Company%20Profile
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Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
UAE currency: the story behind the money in your pockets
PFA Team of the Year: David de Gea, Kyle Walker, Jan Vertonghen, Nicolas Otamendi, Marcos Alonso, David Silva, Kevin De Bruyne, Christian Eriksen, Harry Kane, Mohamed Salah, Sergio Aguero
Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
MORE ON TURKEY'S SYRIA OFFENCE
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
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The five pillars of Islam
The Specs
Engine 3.8-litre, twin-turbo V8
Transmission: eight-speed automatic
Power: 582bhp (542bhp in GTS model)
Torque: 730Nm
Price: Dh649,000 (Dh549,000 for GTS)
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Why are you, you?
Why are you, you?
From this question, a new beginning.
From this question, a new destiny.
For you are a world, and a meeting of worlds.
Our dream is to unite that which has been
separated by history.
To return the many to the one.
A great story unites us all,
beyond colour and creed and gender.
The lightning flash of art
And the music of the heart.
We reflect all cultures, all ways.
We are a twenty first century wonder.
Universal ideals, visions of art and truth.
Now is the turning point of cultures and hopes.
Come with questions, leave with visions.
We are the link between the past and the future.
Here, through art, new possibilities are born. And
new answers are given wings.
Why are you, you?
Because we are mirrors of each other.
Because together we create new worlds.
Together we are more powerful than we know.
We connect, we inspire, we multiply illuminations
with the unique light of art.
Ben Okri,
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
'How To Build A Boat'
Jonathan Gornall, Simon & Schuster
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs